Bank return on assets in Latvia

Latvia: Bank return on assets was 0.7% in 2021. β—† Volatile

Latest (2021)
0.7%
Change on year
up 157.7%
World rank
139th
of 167 countries
All-time high
2.5%
in 2006
All-time low
-4.6%
in 2009
Years of data
22
2000–2021

Bank return on assets in Latvia, 2000–2021

-4-2022000201020212000: 2 %, before tax2001: 1.9 %, before tax2002: 1.9 %, before tax2003: 1.9 %, before tax2004: 2.1 %, before tax2005: 2.3 %, before tax2006: 2.5 %, before tax2007: 2.4 %, before tax2008: 0.294 %, before tax2009: -4.6 %, before tax2010: -1.8 %, before tax2011: 0.24 %, before tax2012: 0.407 %, before tax2013: 0.702 %, before tax2014: 0.981 %, before tax2015: 1.3 %, before tax2016: 2 %, before tax2017: 0.813 %, before tax2018: 1 %, before tax2019: 0.335 %, before tax2020: 0.29 %, before tax2021: 0.747 %, before tax

Source: Bankscope, Bureau van Dijk (BvD). Measured in %, before tax.

Analysis

The most recent figure for bank return on assets in Latvia is 0.7%, measured in 2021.

The figure is up 157.7% on the previous year and up 210.8% over ten years.

Over the whole period, bank return on assets in Latvia peaked at 2.5% in 2006 and was at its lowest, -4.6%, in 2009.

That places Latvia 139th out of 167 countries with data for 2021, putting it in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
2000s 1.3% -4.6% 2.5% 10
2010s 0.6% -1.8% 2.0% 10
2020s 0.5% 0.3% 0.7% 2

Countries ranked near Latvia

  1. 136 Italy 0.8% compare
  2. 137 Macau, China 0.8% compare
  3. 138 United Kingdom 0.8% compare
  4. 140 Poland 0.7% compare
  5. 141 Andorra 0.7% compare
  6. 142 Benin 0.7% compare

See the full ranking of 167 places β†’

More financial sector data for Latvia

All data for Latvia β†’

Frequently asked questions

What is bank return on assets in Latvia?
Bank return on assets in Latvia was 0.7% in 2021, according to Bankscope, Bureau van Dijk (BvD).
What is the highest bank return on assets recorded in Latvia?
The highest recorded value was 2.5% in 2006.
What is the lowest bank return on assets recorded in Latvia?
The lowest recorded value was -4.6% in 2009.
How does Latvia rank for bank return on assets?
Latvia ranks 139th out of 167 countries with data for 2021.
Is bank return on assets rising or falling in Latvia?
Over the last ten years it is up 210.8%. The long-run trend across the full record is volatile.
Where does this Latvia data come from?
The figures come from Bankscope, Bureau van Dijk (BvD), published as part of Bank return on assets (%, before tax). Statizoid updates them automatically from the source API.

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Bank return on assets in Latvia. Statizoid, drawing on Bankscope, Bureau van Dijk (BvD). Retrieved 20 August 2026, from https://financial-sector.statizoid.com/stat/bank-return-on-assets-percent-before-tax/latvia/

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About this data

Indicator
Bank return on assets (%, before tax)
Unit
%, before tax
Source
Bankscope, Bureau van Dijk (BvD)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
167 places, 3,209 data points, 2000–2021
Last refreshed

Raw data are from Bankscope. Data10270[t] / ((data2025[t] + data2025[t-1])/2). Numerator and denominator are first aggregated on the country level before division. Note that banks used in the calculation might differ between indicators. Calculated from underlying bank-by-bank unconsolidated data from Bankscope.